Quote:
Originally Posted by MainstreamGuy
mining in a pool wont make any difference at all, because at the end, when you find the block and complete the cycle, each miner will get the same part as if they mined individually..
Its funny to think that people who join NIXXIN pool, will make more money lol...
BTW, Nixxin (BILL MURRAY), claims to do 2700 M/s, after spending 1500 bucks in the setup. (however he claims to have 3 ATI 7970 GPU's, which in total can do 2000 M/s at MAX, so he is full of shit there..)
But, let's take his number of 2700, According to the calculator:
per Month ฿5.38 $621.36
And he claims to be from Canada, where electricity is fucking expensive.
So, he makes with luck between 400-500 per month.
You consider that a lot of "money" ?
With luck, if the bubble doesn't crash, he will recover the 1500 bucks in 3 months.
And, you must consider the difficult of mining gets harder each day.
So, make that 3.5-4 months... And then, if the bubble doesn't crash, he could make some bucks. LOL.
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Again i will explain it because you seem to post this in every thread im in and its pretty childish.
i was getting around 2700 with cgminer + custom flags but as i have stated before and i guess i will have to remind you again, i am having heating issues. hence why i needed to roll back my core and mem clocks. As an added bonus i dont pay electricity where i live. thats taken care of. I started this not as a Get Rich Quick scheme but as a hobby, i make more money/BTC by day trading the coins i have. But hey, if its making me an extra $400 a month extra at the currect BTC price then thats nothing to sneeze at.
"With solo mining, you have a small chance at getting the full payout of 25 BTC ranged around the time it should take to get you a block. The error in this range is what is known as luck. You could have good luck and get a block before the time you're supposed to, and you could have bad luck and not get one for a long time.
What solo mining does is takes the amount of work you do, and runs it through an equation that gives you the exact amount you should have gotten paid in that time period taking into account your hashrate.
For example: You have x hashrate which should get you a block every 10 days. You join a pool and they pay you 2.5 BTC per day to mine; this will give you 25 BTC every 10 days. If you were solo mining with x hashrate and you should get a block every 10 days, it could be 8, it could be 25"
your welcome.
